Tulsi Extrusions Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
Awaiting price reaction for this filing.
Tulsi Extrusions Limited submitted its unaudited standalone financial results for the quarter ended June 30, 2025, with a significant delay that the company attributed to past insolvency and liquidation proceedings (Dec 2018–Dec 2021) and its post-revival restructuring. Revenue from operations fell to ₹1,042.71 lakhs from ₹1,386.21 lakhs in the same quarter last year, a decline of roughly 25%. The company reported a loss before tax of ₹(493.99) lakhs, wider than the ₹(200.07) lakhs loss in Q1 FY25, with a basic EPS of ₹(2.36). Cost of materials consumed jumped to ₹1,529.20 lakhs, and depreciation rose sharply to ₹201.72 lakhs, both weighing on margins. The statutory auditor issued an unqualified (clean) limited review report with no qualifications or emphasis of matter. The company also flagged a pending NCLT application for fresh equity issuance and extinguishment of existing share capital.
Negative near-term outlook for shareholders — revenue shrank year-on-year while losses widened, and the delayed filing plus unresolved capital structure issues may keep the stock under scrutiny from exchanges. However, the clean audit review and completed revival from liquidation provide some stability; investors should watch for resolution of the NCLT application and improvement in operating margins.